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A comment on Most Germans don’t buy their homes, they rent. Parent comment

Re:Most Germans don’t buy their homes, they rent by Spooky23 on Monday October 24, 2016 @02:55PM (#12781697)
Source?

Housing has driven US GDP growth since WW2 or earlier, so that's a pretty big leap.

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Re:Most Germans don’t buy their homes, they rent by Retric on Monday October 24, 2016 @03:24PM (#12781964)
Housing != home ownership. Anyway, I have read this a few places, but here is the first link I found. "Regions with higher home ownership created fewer new businesses, had longer commute times, and lower rates of labor mobility." http://www.fool.com/investing/general/2013/05/08/the-deep-do...

Further, GDP is a very short term view of the economy. Daycare is a classic example where going from an informal to formal system nominally increases GDP much more than the net increase in value.

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